Abstract
Rural credit was considered an input capable of increasing the Brazilian soybean production, shifting the supply curve to the right internal and generating surplus exportable grain. The main objective of this study was to analyze the effects of rural credit in Brazilian exports of soybeans during the period June 2000 to January 2010. The theoretical support was the theory of production and export supply. The results obtained by the model error correction (VEC), indicated that rural credit was one of the most significant determinants for the evolution of Brazilian exports of soybeans, behind only the exchange rate. The credit had positive and direct relationship with the quantity supplied showing the second largest estimated coefficient of elasticity.
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